An Economic Performance Analysis of the Beef Cow-herd Enterprise Using a Stochastic Frontier Function
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Standardized Performance Analysis (SPA) data from Texas, Oklahoma, and New Mexico were used to examine the economic performance of beef cow herd operations in the Southern Plains region by measuring their technical efficiency index. Factors that make significant impacts on the production are herd size, machinery investment per breeding cow, and rainfall. Little technical inefficiency among the Southern beef cattle operations that participated in the SPA data was found.